The Beef with Greenwashing
On Wednesday, NY Attorney General Letitia James sued meat giant JBS, accusing it of misleading environmental promises, particularly its claim to achieve net-zero emissions by 20...
Inside the Billionaire Exodus
As the market scales dizzying heights, a wave of high-profile figures is seizing the opportunity to offload hefty chunks of their company shares. From tech titans to financial moguls, the sell-off frenzy is hitting head...
Credit Card Giants Clash
Capital One acquired Discover Financial Services in a $35.3 billion all-stock deal, reshaping the credit card industry.
Matt Schulz of LendingTree says it's a big ...
Electrifying Evolution
In a recent address at the Wolfe Research Global Auto and Auto Tech Conference, Ford's CEO Jim Farley reflected on pivotal aspects of the company's trajectory, spanning from labor relations to electric vehicle (EV) strategies....
Silver Arrows Shine Again
Unveiled on Wednesday, the W15 is the culmination of a year-long design journey, emerging as a distinctive competitor. “The process of designing a car is iterative and extensive,” says J...
Teeing Off in Style
The collaboration between Tiger Woods and TaylorMade marks a pivotal moment in the world of golf fashion and performance wear. Departing from his longstanding partnership with Nike, Woods embarks on a&nbs...
Power Machines Prevails
In a recent legal victory, Power Machines, a prominent Russian, manufacturer of power equipment under the stewardship of billionaire Alexey Mordashov, emerged triumphant in a dispute against PetroVietnam, the state-owned oil ...
Разгром 737 MAX
Boeing , известный производитель самолетов, в настоящее время находится под пристальным вниманием из-за обвинений со стороны акционеров. Они утверждают, что компания поставила прибыль выше безопасности и ввела инвесторов в заблуждени...
UPS Plunges
United Parcel Service (UPS) recently announced a substantial workforce reduction in response to declining package volumes worldwide. CEO Carol Tomé highlighted this move during an earnings call, aiming to tackle financial challeng...
Navigating the Energy Maze
Plug Power Inc. experienced a remarkable 31% surge in its shares on Tuesday following the announcement of a new funding arrangement in the alternative energy sector. Despite this, BMO Capital Markets analyst Ameet Thakkar ...
Boeing Woes Hit United Airlines
United Airlines CEO Scott Kirby expressed discontent with ongoing manufacturing issues at Boeing, leading to the grounding of United's jetliners. Kirby emphasized...
Pershing Square's Triumphant Return
Pershing Square Capital Management, under the leadership of Bill Ackman, has made a remarkable return to the top ranks of the world’s best-performing hedge funds.
After a brief...
JetBlue-Spirit Merger Grounded
In a noteworthy turn of events, JetBlue Airways’ ambitious plan to acquire Spirit Airlines for $3.8 billion has been thwarted by a federal judge. The judge upheld the U.S.&...
Whopper of a Deal
Burger King, owned by Restaurant Brands International Inc., revealed a strategic move on Tuesday with the acquisition of its largest U.S. franchisee, Carrols Restaurant Group Inc., in a noteworthy deal valued at...
Market Shockwaves
Bain Capital and Hellman & Friedman are currently engaged in a fierce competition to secure the acquisition of DocuSign Inc (DOCU.O), a leading provider of online signature services valued at approximately $12.5 billion, as per...
BMW Accelerates Into the Future
In a strategic move towards embracing the electric vehicle (EV) era, BMW is injecting €650 million (equivalent to $711 million) to overhaul its primary manufacturing hub in Munich. This major investment, announce...
Derailed Trust
After an avoidable derailment in 2021, NTSB Chair Homendy criticized WMATA’s safety culture, leading to the removal of new Metro railcars. She highlighted WMATA’s poor communication regarding a safety issue with the 7...
Revving Up the EV Tax Credit Turbulence
Starting Monday, recent amendments to U.S. Treasury regulations have brought about significant alterations to federal tax credits related to ele...
Pricing Shockwaves
The electric vehicle (EV) market witnessed a dynamic journey throughout the past year, with car dealers initially meeting the surging demand for electric cars through direct fulfillment of factory orders. However, as summer approa...
Byron Allen's $3.5B Power Play
Byron Allen has reignited the pursuit of BET Media Group and VH1, submitting a bold $3.5 billion bid to Paramount Global. This move comes on the heels of earlier bids from indust...
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